Renaissance Technologies LLC Has $18.21 Million Stake in Jones Lang LaSalle Incorporated $JLL

Renaissance Technologies LLC increased its holdings in Jones Lang LaSalle Incorporated (NYSE:JLL) by 46.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,849 shares of the financial services provider’s stock after buying an additional 18,960 shares during the period. Renaissance Technologies LLC’s holdings in Jones Lang LaSalle were worth $18,213,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. M&T Bank Corp raised its holdings in Jones Lang LaSalle by 184,969.0% in the 4th quarter. M&T Bank Corp now owns 3,864,241 shares of the financial services provider’s stock valued at $1,300,201,000 after acquiring an additional 3,862,153 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Jones Lang LaSalle by 426.7% in the fourth quarter. AQR Capital Management LLC now owns 899,625 shares of the financial services provider’s stock worth $302,697,000 after purchasing an additional 728,824 shares during the period. Norges Bank acquired a new position in Jones Lang LaSalle in the fourth quarter valued at about $194,950,000. Eurizon Capital SGR S.p.A. bought a new stake in Jones Lang LaSalle during the fourth quarter worth about $132,263,000. Finally, Millennium Management LLC lifted its position in Jones Lang LaSalle by 4,285.3% during the third quarter. Millennium Management LLC now owns 350,821 shares of the financial services provider’s stock worth $104,643,000 after purchasing an additional 342,821 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on JLL. Zacks Research downgraded shares of Jones Lang LaSalle from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. Barclays boosted their price objective on shares of Jones Lang LaSalle from $366.00 to $368.00 and gave the company an “equal weight” rating in a research report on Tuesday. Weiss Ratings cut Jones Lang LaSalle from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 28th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $500.00 target price on shares of Jones Lang LaSalle in a report on Thursday. Finally, UBS Group boosted their price target on Jones Lang LaSalle from $425.00 to $445.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $412.00.

Key Jones Lang LaSalle News

Here are the key news stories impacting Jones Lang LaSalle this week:

• Positive Sentiment: Q2 results exceeded expectations. Adjusted EPS reached $5.26, well above the $4.56 consensus estimate and up from $3.30 a year earlier. Revenue rose 10.8% year over year to $6.93 billion, also topping forecasts. JLL Reports Financial Results for Second-Quarter 2026
• Positive Sentiment: Profitability and cash flow improved sharply. Reported diluted EPS increased 98% to $4.59, net income attributable to common shareholders rose 92% to $215.6 million, adjusted EBITDA climbed 32% to $386.3 million, and operating cash flow increased 47% to $488.1 million. JLL Q2 revenue rises 11% to $6.9 billion
• Positive Sentiment: Growth was broad-based. Leasing Advisory revenue increased 24% and Capital Markets Services revenue rose 19%, while Real Estate Management Services grew 8%. Management also highlighted its Accelerate 2030 strategy and targeted full-year 2026 adjusted EPS of $24.60 to $25.90. JLL targets 2026 adjusted EPS
• Positive Sentiment: Share repurchases added support. JLL bought back $110 million of stock during the quarter and $410 million during the first half, with $2.6 billion remaining under its authorization.
• Neutral Sentiment: Analyst sentiment improved but remains measured. Earnings estimates were raised and Barclays increased its price target to $368, although the firm maintained a Hold rating. Barclays Raises JLL Price Target
• Negative Sentiment: Valuation and insider activity are potential concerns. GuruFocus characterized JLL as overvalued after the rally, while reported insider transactions showed sales and no purchases in the past six months. These factors could limit further upside, particularly with the stock near its 52-week high. JLL valuation and GF Score

Insider Activity at Jones Lang LaSalle

In related news, Director Larry Quinlan sold 402 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $301.73, for a total transaction of $121,295.46. Following the transaction, the director directly owned 4,369 shares of the company’s stock, valued at $1,318,258.37. This represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.91% of the stock is currently owned by company insiders.

Jones Lang LaSalle Trading Up 6.8%

Shares of NYSE JLL opened at $363.13 on Friday. The firm has a 50 day moving average price of $311.23 and a two-hundred day moving average price of $317.05. The stock has a market cap of $16.85 billion, a P/E ratio of 19.52 and a beta of 1.27. Jones Lang LaSalle Incorporated has a 52-week low of $259.83 and a 52-week high of $363.89. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.35 and a current ratio of 2.35.

Jones Lang LaSalle (NYSE:JLL) last posted its quarterly earnings data on Thursday, July 30th. The financial services provider reported $5.26 EPS for the quarter, topping analysts’ consensus estimates of $4.56 by $0.70. The company had revenue of $6.93 billion for the quarter, compared to analyst estimates of $6.88 billion. Jones Lang LaSalle had a return on equity of 13.01% and a net margin of 3.35%.The firm’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm earned $3.30 earnings per share. As a group, equities analysts forecast that Jones Lang LaSalle Incorporated will post 22.86 EPS for the current year.

Jones Lang LaSalle Company Profile

Jones Lang LaSalle Incorporated (NYSE: JLL) is a leading professional services firm specializing in real estate and investment management. The company provides a broad range of services including leasing, advisory, property and asset management, capital markets, project and development services, and valuation. Through its integrated platform, JLL serves corporate occupiers, institutional investors, real estate owners and developers, offering tailored solutions that span the entire real estate lifecycle.

Founded in 1783 in London as Jones Lang Wootton, the firm established a reputation for expertise in property management and brokerage.